CAIRO // On November 28 Egyptians begin electing their first parliament since the overthrow of the former Egyptian president, Hosni Mubarak, nine months ago.
It should have been be a joyous occasion since elections have been consistently rigged for decades and the upcoming vote promises to be fair. But hardly anyone seems to be embracing the day with the zeal to be expected from a people who had for many years seen their wishes ignored.
Blame the ruling generals.
For much of the time since they took over from Mr Mubarak, the generals have been looking in earnest for a way to maintain their control beyond the election of a new parliament, the drafting of a new constitution and the election of a president.
In the meantime, they have increasingly been behaving like an authoritarian junta, enjoying absolute power with no checks or balances. They have appointed a cabinet and a prime minister who are weak and beholden to their wishes.
They have tortured detainees and tried thousands of civilians before military tribunals, according to rights groups.
It is the biggest of all Arab Spring ironies.
Egypt's revolution miraculously succeeded in toppling Mr Mubarak's 29-year regime in 18 tumultuous days of protests only to pave the way for a military dictatorship.
It is a turn of events that has prompted the youth groups that engineered the uprising to wonder whether it was wise to end their sit-in at Tahrir, the Cairo square that witnessed the birthplace of the uprising, soon after Mr Mubarak stepped down rather than hang in there until the country's path to democratic rule was defined and guaranteed.
Adding to the dampened spirits is that the elections are staggered, in three stages over almost two months and that parliament will not convene until March.
No one knows with any certainty the extent of powers the new parliament will have and whether the military, represented by the Supreme Council of the Armed Forces, will be prepared to submit to the oversight of lawmakers.
The story of how the military got to where it is in Egypt is a cautionary tale that leaders of Yemen's nine-month-old anti-regime uprising, for example, are taking seriously.
They say they will not leave Change Square, the Tahrir of Sanaa, Yemen's capital, until their ultimate goal of creating a "civil state" is achieved. The departure of longtime President Ali Abdullah Saleh will not be enough to make them leave, they insist.
Back in Egypt, it is a sad rather than a cautionary tale.
The youth groups that engineered the removal of Mr Mubarak may not have planned ahead. They toppled the regime but did not have a substitute for it. So, when the army took over the streets on January 28, protesters in Tahrir and elsewhere in Egypt, chanted "the people and the army are one hand".
But it was a matter of hours before they found out that the military was not the friendly force they had thought it to be. Protesters were arrested and put on trial before military tribunals hours after the first tank appeared on the streets. And a few days later, army soldiers stood by as Mubarak loyalists on horse and camel waded into the crowds at Tahrir, striking people with swords and whips in what was one of the bloodiest days of the uprising.
Protest leaders have said they knew from the start that they could not trust the army as allies in a pro-democracy movement but had no one else to turn to ensure victory over Mr Mubarak's regime. After all, they said, members of the Supreme Council had for years owed allegiance to Mr Mubarak. The military ruler, Field Marshal Hussein Tantawi, was Mr Mubarak's defence minister for 20 years.
Rights groups say detainees were tortured, initially at the courtyard of the world famous Egyptian Museum located, ironically, at Tahrir Square and later at military jails. Female protesters were subjected to the humiliation of "virginity tests" performed by male doctors using their hands and at least 12,000 civilians were hauled before military tribunals for trial.
The military has been unable to take the measures necessary to revive the economy or restore security, two blatant failures that many activists suspect may have been engineered by the military to create conditions that would leave most Egyptians no choice but to abandon their dreams of freedom and instead support military rule in exchange for safety and food on the table.
In the same vein, the military has been systematically discrediting the youth groups and prominent activists who have been the face of the anti-Mubarak uprising, accusing them of illegally receiving foreign funds, working for foreign powers and, in some instances, of immorality.
But the military's core plan is to include in the next constitution, to be drafted next year, language that would give the armed forces a "guardianship" role that allows it to have the final word on key national policies, shield them from any civilian oversight and curtail the powers of the next parliament in selecting the 100-member panel that would draft the constitution.
Cunningly, the generals are not publicly advocating any of this themselves, but using senior cabinet members to try to sell the plan to political parties. And for defending the plan, they have looked to the services of a coterie of "military experts" and "constitutional experts" to argue their case on TV talk shows and in newspaper articles.
For close to 60 years now, Egypt has been under military rule, direct or otherwise. And, by all available evidence, it is not likely to be without it anytime soon, particularly when the resolve and character shown by the millions of young men and women during those 18 revolutionary days are nowhere in sight. The youth groups are only too aware of the dangers ahead and some of them are threatening a "second revolution". But no one is counting on one just yet.
foreign.desk@thenational.ae
Explainer: Tanween Design Programme
Non-profit arts studio Tashkeel launched this annual initiative with the intention of supporting budding designers in the UAE. This year, three talents were chosen from hundreds of applicants to be a part of the sixth creative development programme. These are architect Abdulla Al Mulla, interior designer Lana El Samman and graphic designer Yara Habib.
The trio have been guided by experts from the industry over the course of nine months, as they developed their own products that merge their unique styles with traditional elements of Emirati design. This includes laboratory sessions, experimental and collaborative practice, investigation of new business models and evaluation.
It is led by British contemporary design project specialist Helen Voce and mentor Kevin Badni, and offers participants access to experts from across the world, including the likes of UK designer Gareth Neal and multidisciplinary designer and entrepreneur, Sheikh Salem Al Qassimi.
The final pieces are being revealed in a worldwide limited-edition release on the first day of Downtown Designs at Dubai Design Week 2019. Tashkeel will be at stand E31 at the exhibition.
Lisa Ball-Lechgar, deputy director of Tashkeel, said: “The diversity and calibre of the applicants this year … is reflective of the dynamic change that the UAE art and design industry is witnessing, with young creators resolute in making their bold design ideas a reality.”
Voy!%20Voy!%20Voy!
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Profile of MoneyFellows
Founder: Ahmed Wadi
Launched: 2016
Employees: 76
Financing stage: Series A ($4 million)
Investors: Partech, Sawari Ventures, 500 Startups, Dubai Angel Investors, Phoenician Fund
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CHATGPT%20ENTERPRISE%20FEATURES
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COMPANY%20PROFILE
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Terror attacks in Paris, November 13, 2015
- At 9.16pm, three suicide attackers killed one person outside the Atade de France during a foootball match between France and Germany
- At 9.25pm, three attackers opened fire on restaurants and cafes over 20 minutes, killing 39 people
- Shortly after 9.40pm, three other attackers launched a three-hour raid on the Bataclan, in which 1,500 people had gathered to watch a rock concert. In total, 90 people were killed
- Salah Abdeslam, the only survivor of the terrorists, did not directly participate in the attacks, thought to be due to a technical glitch in his suicide vest
- He fled to Belgium and was involved in attacks on Brussels in March 2016. He is serving a life sentence in France
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
First Person
Richard Flanagan
Chatto & Windus
How the bonus system works
The two riders are among several riders in the UAE to receive the top payment of £10,000 under the Thank You Fund of £16 million (Dh80m), which was announced in conjunction with Deliveroo's £8 billion (Dh40bn) stock market listing earlier this year.
The £10,000 (Dh50,000) payment is made to those riders who have completed the highest number of orders in each market.
There are also riders who will receive payments of £1,000 (Dh5,000) and £500 (Dh2,500).
All riders who have worked with Deliveroo for at least one year and completed 2,000 orders will receive £200 (Dh1,000), the company said when it announced the scheme.
The smuggler
Eldarir had arrived at JFK in January 2020 with three suitcases, containing goods he valued at $300, when he was directed to a search area.
Officers found 41 gold artefacts among the bags, including amulets from a funerary set which prepared the deceased for the afterlife.
Also found was a cartouche of a Ptolemaic king on a relief that was originally part of a royal building or temple.
The largest single group of items found in Eldarir’s cases were 400 shabtis, or figurines.
Khouli conviction
Khouli smuggled items into the US by making false declarations to customs about the country of origin and value of the items.
According to Immigration and Customs Enforcement, he provided “false provenances which stated that [two] Egyptian antiquities were part of a collection assembled by Khouli's father in Israel in the 1960s” when in fact “Khouli acquired the Egyptian antiquities from other dealers”.
He was sentenced to one year of probation, six months of home confinement and 200 hours of community service in 2012 after admitting buying and smuggling Egyptian antiquities, including coffins, funerary boats and limestone figures.
For sale
A number of other items said to come from the collection of Ezeldeen Taha Eldarir are currently or recently for sale.
Their provenance is described in near identical terms as the British Museum shabti: bought from Salahaddin Sirmali, "authenticated and appraised" by Hossen Rashed, then imported to the US in 1948.
- An Egyptian Mummy mask dating from 700BC-30BC, is on offer for £11,807 ($15,275) online by a seller in Mexico
- A coffin lid dating back to 664BC-332BC was offered for sale by a Colorado-based art dealer, with a starting price of $65,000
- A shabti that was on sale through a Chicago-based coin dealer, dating from 1567BC-1085BC, is up for $1,950
Name: Peter Dicce
Title: Assistant dean of students and director of athletics
Favourite sport: soccer
Favourite team: Bayern Munich
Favourite player: Franz Beckenbauer
Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates
The bio
His favourite book - 1984 by George Orwell
His favourite quote - 'If you think education is expensive, try ignorance' by Derek Bok, Former President of Harvard
Favourite place to travel to - Peloponnese, Southern Greece
Favourite movie - The Last Emperor
Favourite personality from history - Alexander the Great
Role Model - My father, Yiannis Davos
Profile of Foodics
Founders: Ahmad AlZaini and Mosab AlOthmani
Based: Riyadh
Sector: Software
Employees: 150
Amount raised: $8m through seed and Series A - Series B raise ongoing
Funders: Raed Advanced Investment Co, Al-Riyadh Al Walid Investment Co, 500 Falcons, SWM Investment, AlShoaibah SPV, Faith Capital, Technology Investments Co, Savour Holding, Future Resources, Derayah Custody Co.
Infobox
Western Region Asia Cup Qualifier, Al Amerat, Oman
The two finalists advance to the next stage of qualifying, in Malaysia in August
Results
UAE beat Iran by 10 wickets
Kuwait beat Saudi Arabia by eight wickets
Oman beat Bahrain by nine wickets
Qatar beat Maldives by 106 runs
Monday fixtures
UAE v Kuwait, Iran v Saudi Arabia, Oman v Qatar, Maldives v Bahrain
Herc's Adventures
Developer: Big Ape Productions
Publisher: LucasArts
Console: PlayStation 1 & 5, Sega Saturn
Rating: 4/5